Public Policy and Entrepreneurship Development in Nigeria

  • Stanley Anah, A. Department of Business Administration Faculty of Managements Sciences Chukwuemeka Odumegwu Ojukwu University
Keywords: Public policies, entrepreneurship Development, Nigerian Economy

Abstract

Nigeria's private sector has been dogged by weaknesses inherent in the skewed structure and government obnoxious policies. An economy dominated by the public sector with its attendant inefficiency. This study was designed to examine the effect of public policy on entrepreneurship development in Nigeria. Descriptive survey design was adopted. An item structured instrument was used in collecting the data from the respondents. The hypothesis for the study was tested using Z-test Statistical tool at 0.05 level of significance. The findings indicate that government obnoxious fiscal policies affect entrepreneurship development negatively. It was further found that corruption and poor policy implementation of energy and other infrastructural policies also poses serious threat for the growth of entrepreneurship in Nigeria. It was recommended that government should formulate a purposeful and realistic fiscal policy which can encourage the growth of entrepreneurship in Nigeria. The study recommended too that government should pursue with every sense of seriousness the issue of stable electricity supply which was found to be over 80% of the problems entrepreneurs encounter in the course of carrying out their businesses, among other recommendations

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Published
2018-04-06
How to Cite
Anah, A., S. (2018, April 6). Public Policy and Entrepreneurship Development in Nigeria. African Journal of Education,Science and Technology, 3(4), pp 146-154. Retrieved from http://ajest.info/index.php/ajest/article/view/87
Section
Articles